**NEW LEASE UPDATE** South city investment opportunity featuring a professionally managed 4-family building with four 1-bedroom, 1-bath units! Two units are currently leased at $900 per month each, and one just leased for $900 per month, providing immediate income. One unit is vacant for showings and offers an excellent… Read More opportunity for an owner to place their own tenants at market rents or for an investor seeking immediate leasing potential. Passed occupancy permits for all four units provide added peace of mind and make this property ready for its next owner. The seller has completed numerous improvements, with additional interior work scheduled to be completed prior to closing. Some listing photos were taken during the renovation process before tenants moved in and are intended to showcase the quality of the updates. To respect tenant privacy, the occupied units may be viewed with an accepted contract. Whether you're looking to expand your investment portfolio or add a stabilized multifamily asset with upside potential, this income-producing property is one you won't want to miss! New construction is happening across the street. Schedule your showing today! Read Less
Listing courtesy of Mogul Realty.
Listing Snapshot
Days Online
46
Last Updated
Property Type
2-4 Units
Square Ft.
3,380
Lot Size
0.1 Acres
Year Built
1909
MLS Number
26049108
30 Days Snapshot Of 63118
$270k
+14%
(avg) sold price
14
-36%
homes sold
63
+110%
(avg) days on market
Snapshot
Area Map
Additional Details
Garage
Garage Included, 2 garage spaces
Heating
Heating: Forced Air, Natural Gas
Home Owner's Association
Fee: 0
Appliances & Equipment
Free-Standing Gas Oven, Refrigerator
Basement
Basement: Unfinished, Basement
Building
Above Grade Finished Area: 3380 Sq.Ft., Above Grade Finished Area Source: Public Records, Architectural Style: Historic, Below Grade Finished Area: 0 Sq.Ft., Below Grade Finished Area Source: Estimated, Construction Materials: Brick, Levels: Two, Living Area: 3380 Sq. Ft., Number Of Units Total: 4, Year Built: 1909
Community
Neighborhood: Gravois Park
Cooling
Cooling: Ceiling Fan(s), Window Unit(s)
Disclosures
Disclosures: Lead Paint
Fence
Fencing: Chain Link
Income
Net Operating Income: 22200
Laundry
Features: In Basement
Lot
Features: Level, Lot Size Acres: 0.1004, Lot Size Source: Public Records, Lot Size Square Feet: 4373.42 Sq.Ft.
Parking
Features: Garage, On Street
Property
Property Condition: Updated/Remodeled, Property Sub Type: 2-4 Units
Roof
Roof: Flat
Taxes
Annual Tax Amount: 1806, Tax Year: 2025
Utilities
Electricity Available: Ameren, Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Water Source: Public
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